Uranium Royalty (TSE:URC) Given New C$6.50 Price Target at Canaccord Genuity Group

Uranium Royalty (TSE:URC) had its price objective lowered by Canaccord Genuity Group from C$6.75 to C$6.50 in a research report report published on Tuesday, BayStreet.CA reports. Canaccord Genuity Group currently has a speculative buy rating on the stock.

Uranium Royalty Stock Down 1.2 %

TSE:URC opened at C$3.31 on Tuesday. The firm has a market cap of C$402.17 million, a PE ratio of 47.29 and a beta of 1.68. Uranium Royalty has a 12 month low of C$2.53 and a 12 month high of C$5.05. The company’s 50-day moving average price is C$3.00 and its two-hundred day moving average price is C$3.24.

Uranium Royalty (TSE:URC) last announced its earnings results on Thursday, September 12th. The company reported C($0.02) EPS for the quarter. Uranium Royalty had a return on equity of 3.83% and a net margin of 20.29%.

About Uranium Royalty

Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and San Rafael projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona.